ANMI

Valuations of midcaps and smallcaps have reached very high levels, and hence to that extent leave little margin of safety, Sehgal said

Consensus from all associations of standards forum needed before submissions to Sebi

Also seeks relaxations in set-off provisions for carry forward business loss

The stock brokers' body has cited specific examples detailing the difficulty in complying with upfront and peak margin compliance by members

Anmi favours a model that may predict peak margins to be complied with by trading member so that on any given day upfront compliance may be considered based on margins for T-1 day

Sharing its data with the regulator, Anmi pointed out that the rate of overnight margins, levied on intraday trades are almost 3.33x more than what is warranted based on the risks of the trade

Anmi pointed out that the rate of overnight margins, levied on intraday trades are almost 3.33 times more than what is warranted based on the risks of the trade.

It said trading could have continued as there was an issue only with two spot indices. Reasons for not activating the recovery site after 45 minutes of the outage also remained unknown

This prompted industry body Association of National Exchanges of Members of India to write the authorities.

This comes after 75 districts across all India were put on total lockdown in the wake of coronavirus pandemic

The development comes after YES Bank on Thursday was put under a moratorium, with the RBI capping deposit withdrawals at Rs 50,000 per account for a month and superseding its board

The proposed listing will help the government in achieving its disinvestment target of Rs 2.1 trillion for 2020-21

Response comes after Sebi, proposed to introduce resting time for orders, random delays and random speed bumps